Paychex, Inc. (PAYX) Yield on Cost (YOC): 4.38%
The yield on cost (YOC) for Paychex, Inc. (PAYX) is 4.38%.
PAYX Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
4.38%
Yield on Cost for PAYX
PAYX now pays $4.43 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-08) | $55.12 | 8.04% |
| 5 years ago(2021-06-04) | $102.56 | 4.32% |
| 3 years ago(2023-06-06) | $111.41 | 3.98% |
| 1 year ago(2025-06-10) | $155.31 | 2.85% |
| Buying today(at $101.10) | $101.10 | 4.38% |
If you buy today and the dividend keeps growing
Projection: starting from today's 4.38% yield, assuming the dividend keeps compounding at its historical 11.2% rate. Boards set dividends each year, so actual figures will differ.
Today
4.38%
In 3 years
7.11%
In 5 years
9.82%
In 10 years
22.02%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Paychex, Inc. (PAYX).
Starting Yield
4.38%
Ending YOC
21.60%
Year 15 Dividend
$21.83
Cum. Dividends Recd.
$172.53
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.43 | — | 4.38% | $0.00 |
| Year 1 | $4.93 | +11.22% | 4.87% | $4.93 |
| Year 2 | $5.48 | +11.22% | 5.42% | $10.41 |
| Year 3 | $6.09 | +11.22% | 6.03% | $16.50 |
| Year 4 | $6.78 | +11.22% | 6.70% | $23.28 |
| Year 5 | $7.54 | +11.22% | 7.46% | $30.82 |
| Year 6 | $8.38 | +11.22% | 8.29% | $39.20 |
| Year 7 | $9.33 | +11.22% | 9.22% | $48.53 |
| Year 8 | $10.37 | +11.22% | 10.26% | $58.90 |
| Year 9 | $11.54 | +11.22% | 11.41% | $70.44 |
| Year 10 | $12.83 | +11.22% | 12.69% | $83.27 |
| Year 11 | $14.27 | +11.22% | 14.11% | $97.54 |
| Year 12 | $15.87 | +11.22% | 15.70% | $113.41 |
| Year 13 | $17.65 | +11.22% | 17.46% | $131.06 |
| Year 14 | $19.63 | +11.22% | 19.42% | $150.69 |
| Year 15 | $21.83 | +11.22% | 21.60% | $172.53 |
Paychex, Inc. Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Paychex, Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Paychex, Inc. (PAYX)?
- The yield on cost (YOC) for PAYX stock is 4.38%.
About Paychex, Inc.
Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primarily distributes its services through its dedicated direct sales team.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- John Gibson Jr.